1 Bedroom house for auction in Walmer Downs, Port Elizabeth
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Web Ref: 1303774
Property Features
Interior Features
One Bedroom property with an extra erf.
Going on Auction: Wednesday 25 June 2025
Reserve Price: R230 000.00. (All offers will be reviewed)
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
One bedroom, one bathroom in Walmer with some alterations in the kitchen and bathroom has been done. The property comes with an extra plot. Potential rental income of R3 000.00 per month. Vacant on transfer. The seller has disclosed major defects of the property. Onus is on the purchaser to repair. Property is sold voetstoots. DECEASED ESTATE: Subjected to Masters approval.
Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A “Reserve Price” is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property’s market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.
Location
Contact the agent
Registered with the PPRA
Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA
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*based on purchase price at Prime over 20 years
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